Court awards N72bn against Ecobank in favour of Honeywell
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Court awards N72bn against Ecobank in favour of Honeywell

BySanativemusic

The Federal High Court has delivered a judgment in favor of Honeywell Flour Mills Plc in a prolonged suit against Ecobank Nigeria, granting all four reliefs amounting to the sum of N72.2 billion. According to details of the court proceedings, Justice Mohammed Liman of the Federal High Court in Lagos in his ruling on Tuesday noted that “ The complainant was denied the use of finances in his account grounded on the partner parte order granted in favour of the defendant. ” Honeywell had in 2018 filed a suit claiming the sum of N72 billion in damages from the bank for reputational losses suffered as a result of the asset– induratingex-parte order. The claims include foreign exchange devaluation loss, interest on unutilised cash balance, loss of profit,…

We must address the root causes of coups d’état in Africa’s sovereignty, says Tinubu
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We must address the root causes of coups d’état in Africa’s sovereignty, says Tinubu

BySanativemusic

President Bola Tinubu has admonished African leaders to respect democracy, rule of law, and ensure political stability. He also urged African military institutions and states to recognize and respect the need for democratic renewal. He made the assertions on Saturday in his statement at a high-level event organised by the United Nations Development Programme (UNDP)…

UNIOSUN Suspends 100 LVL Female Student Accused Of Robbing Businessman Of N1.5M

UNIOSUN Suspends 100 LVL Female Student Accused Of Robbing Businessman Of N1.5M

BySanativemusic

The Osun State University has suspended a 100-level student of its Department of English and Literary Studies for her alleged involvement in the robbery of a businessman based in Lagos of N1.5 million. The Vice Chancellor of the university, Prof Clement Adebooye, announced the suspension of Victory Ahiante on Sunday, July 16 while addressing journalists…

Father sells his three children for N1.5m in Rivers

Father sells his three children for N1.5m in Rivers

BySanativemusic

Thank you for reading this post, don’t forget to subscribe! Azonuchechi Chukwu. The Rivers State Police Command has arrested one ThankGod Ekwueme for selling his three children. The suspect, whose wife is deaf and dumb, sold the 5-year-old for N700,000, 3-year-old for N350,000 and a day old baby for N500,000. Spokesperson of the command, SP,…

Indian couple poison their two children to death before committing suicide over debt

Indian couple poison their two children to death before committing suicide over debt

BySanativemusic

Thank you for reading this post, do not forget to subscribe! Azonuchechi Chukwu. A couple allegedly poisoned their two children to death before committing self-murder in Madhya Pradesh’s Bhopal, India. The incident took place in the Neelbad area of the megacity on Thursday, July 13, 2023. The departed man, Bhupendra Vishwakarma, 38, who was debt…